Technical Analysis for MRE - Martinrea International Inc.

Grade Last Price % Change Price Change
F 9.870 1.13% 0.110
MRE closed up 1.13 percent on Wednesday, November 20, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 1.13%
Calm After Storm Range Contraction 1.13%
NR7 Range Contraction 1.13%
Narrow Range Bar Range Contraction 1.13%

   Recent Intraday Alerts

Alert Time
Down 1% about 18 hours ago
Fell Below Previous Day's Low about 22 hours ago
Possible NR7 1 day ago
Gap Down Partially Closed 2 days ago
Gapped Down (Partial) 2 days ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Martinrea International Inc. Description

Martinrea International Inc. is a Canada-based company engaged in the development and production of metal parts, assemblies and modules, fluid management systems and complex aluminum products focused primarily on the automotive sector. The Company's segments are North America, Europe and Rest of the World. It serves various vehicle manufacturers, as well as automotive suppliers and also serves other industrial sectors across the world. The Company's products are suspension and chassis metal components; body and structure metal components; aluminum components; chassis modules; fluid and air handling systems, and fabricated assemblies. It also provides custom parts and assemblies' production for lower volume assembly lines, such as bus, recreational vehicles, air conditioning systems, military applications and farm appliance manufacturing. It operates over 40 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China.


Classification

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Metal Manufacturing Vehicle Pain Farm Volume Spain Air Conditioning Fluid Management Automotive Supplier

Is MRE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.4046
52 Week Low 9.52
Average Volume 129,416
200-Day Moving Average 11.550
50-Day Moving Average 11.049
20-Day Moving Average 10.521
10-Day Moving Average 10.259
Average True Range 0.329
RSI (14) 35.90
ADX 26.51
+DI 14.765
-DI 35.603
Chandelier Exit (Long, 3 ATRs) 10.322
Chandelier Exit (Short, 3 ATRs) 10.508
Upper Bollinger Bands 11.584
Lower Bollinger Band 9.457
Percent B (%b) 0.19
BandWidth 20.212
MACD Line -0.359
MACD Signal Line -0.270
MACD Histogram -0.089
Fundamentals Value
Market Cap 792.5 Million
Num Shares 80.3 Million
EPS 1.89
Price-to-Earnings (P/E) Ratio 5.22
Price-to-Sales 0.35
Price-to-Book 0.96
PEG Ratio 0.54
Dividend 0.20
Dividend Yield 2.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.230
Resistance 3 (R3) 10.197 10.043 10.170
Resistance 2 (R2) 10.043 9.952 10.060 10.150
Resistance 1 (R1) 9.957 9.895 10.000 9.990 10.130
Pivot Point 9.803 9.803 9.825 9.820 9.803
Support 1 (S1) 9.717 9.712 9.760 9.750 9.610
Support 2 (S2) 9.563 9.655 9.580 9.590
Support 3 (S3) 9.477 9.563 9.570
Support 4 (S4) 9.510